$TOWNS /USDT SHORT-TERM BULLISH REBOUND FROM INTRADAY LOWS
After hitting support at 0.03290, $TOWNS has shown a strong intraday recovery, reclaiming the 0.03370 level and testing resistance near the 99-MA. Buyers are stepping in with momentum, aiming for a push towards the 0.03420–0.03450 zone, but upside may face hurdles if volume weakens.
Trade Setup (Long):
Entry: 0.03370 – 0.03390
Take Profit 1: 0.03420
Take Profit 2: 0.03450
Stop Loss: 0.03320
Market Outlook:
The rebound is encouraging for bulls, but overall trend remains cautious as price is still trading below major resistance. Sustained buying pressure above 0.03450 could flip momentum for a stronger recovery, while failure to hold 0.03370 risks another drop to the day’s low.
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